neutral
NIIF II Plans Block Deal to Sell ₹551 Crore Stake in Ather Energy
NIIF II is preparing a block sale worth ₹551 crore in Ather Energy at a floor price of ₹620 per share, according to deal terms shared with investors. The transaction aligns with NIIF’s broader portfolio-rebalancing strategy as electric two-wheeler adoption continues rising. Ather, backed by multiple institutional shareholders, remains focused on strengthening production capacity and expanding its charging network.
Market participants noted that the block deal may influence near-term liquidity and price movements in secondary markets.
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neutral
NIIF II Plans Block Deal to Sell ₹551 Crore Stake in Ather Energy
NIIF II is preparing a block sale worth ₹551 crore in Ather Energy at a floor price of ₹620 per share, according to deal terms shared with investors. The transaction aligns with NIIF’s broader portfolio-rebalancing strategy as electric two-wheeler adoption continues rising. Ather, backed by multiple institutional shareholders, remains focused on strengthening production capacity and expanding its charging network.
Market participants noted that the block deal may influence near-term liquidity and price movements in secondary markets.
Explore:Mutual Fund Screening
1 min read
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NIIF II plans a ₹551 crore block sale in Ather Energy at a ₹620 floor price, reflecting ongoing portfolio rebalancing and EV market growth.
NIIF II is preparing a block sale worth ₹551 crore in Ather Energy at a floor price of ₹620 per share, according to deal terms shared with investors. The transaction aligns with NIIF’s broader portfolio-rebalancing strategy as electric two-wheeler adoption continues rising. Ather, backed by multiple institutional shareholders, remains focused on strengthening production capacity and expanding its charging network.
Market participants noted that the block deal may influence near-term liquidity and price movements in secondary markets.
NIIF II is preparing a block sale worth ₹551 crore in Ather Energy at a floor price of ₹620 per share, according to deal terms shared with investors. The transaction aligns with NIIF’s broader portfolio-rebalancing strategy as electric two-wheeler adoption continues rising. Ather, backed by multiple institutional shareholders, remains focused on strengthening production capacity and expanding its charging network.
Market participants noted that the block deal may influence near-term liquidity and price movements in secondary markets.
Companies:
Ather Energy
NIIF II
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stocks
ather-energy
stocks
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niif
ev-market